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International Power Group (International Power Group) Tangible Book per Share : $-0.01 (As of Sep. 2008)


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What is International Power Group Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. International Power Group's tangible book value per share for the quarter that ended in Sep. 2008 was $-0.01.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


International Power Group Tangible Book per Share Historical Data

The historical data trend for International Power Group's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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International Power Group Tangible Book per Share Chart

International Power Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07
Tangible Book per Share
- - - -0.01

International Power Group Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 -0.01 -0.01 -0.01 -0.01

Competitive Comparison of International Power Group's Tangible Book per Share

For the Utilities - Renewable subindustry, International Power Group's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


International Power Group's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, International Power Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where International Power Group's Price-to-Tangible-Book falls into.



International Power Group Tangible Book per Share Calculation

International Power Group's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2007 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.348-0-2.3)/433.597
=-0.01

International Power Group's Tangible Book Value Per Share for the quarter that ended in Sep. 2008 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.971-0-2.008)/592.588
=-0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


International Power Group  (GREY:IPWG) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


International Power Group Tangible Book per Share Related Terms

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International Power Group (International Power Group) Business Description

Traded in Other Exchanges
N/A
Address
1420 Celebration Bouelvard, Suite 313, Celebration, FL, USA, 34747
International Power Group Ltd is a waste to energy company operating a proprietary technology that not only handles waste management in a more environmentally friendly manner, but also converts the energy generated from the process into meaningful amounts of cost effective electricity.
Executives
John Edward Mack officer: Chief Financial Officer P.O.BOX 1575, BRECKENRIDGE CO 80424

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